The Mission to Seafarers Names Rouch Secretary General
much challenge and change. I was delighted to learn of Peter’s appointment as my successor. He brings huge experience and a strong reputation. I am certain the Mission’s leadership will be in the very best of hands in the exciting times that lie ahead.”Rouch spent nearly a decade with Barclays Bank, ending up as an assistant director of finance and strategic planning. He trained for ordination in the Church of England followed by curacy in London, a research fellowship, a chaplaincy role at Oxford University, and time as vicar of two parishes in an area of Manchester. Rouch moved to Hampshire
New Offshore Wind Launch Academy in UK
;s offshore wind supply chain, enabling greater UK content, whilst supporting cost reduction.The Launch Academy initiative will focus on near-to-market solutions and is supported by eight industrial and business support specialists including Red Rock Power, Siemens Gamesa Renewable Energy (SGRE), Barclays Eagle Labs, investment body Green Angel Syndicate, accountancy firm BDO, IP specialists Murgitroyd, law firm Shepherd and Wedderburn and ScottishPower Renewables. The national program will be supported by a number of regional feeder programs, with the first of those in the North East of England
Sailors’ Society Appoints New Director
Prasanta focuses on the charity’s growth and development.Sailors’ Society’s former CEO, Stuart Rivers, left the charity on May 7.Prasanta was previously chief administration officer at multinational financial services company Wells Fargo for nine years, and has held senior roles at Barclays, UBS, JP Morgan Chase and Nomura
Siemens May Cut Jobs in Power Turbine Business Overhaul
planning stage in January 2017, down 48 percent year-on-year, and projects under construction were down 19 percent at around 273 GW. "In light of the dramatic changes seen across the global fossil power market, new cost-cutting measures are required (at Siemens) in our view," Barclays analysts said in a note on Thursday. They said they expected Siemens to restructure its U.S. plant in Charlotte, North Carolina, as part of an overhaul at Power and Gas. Excluding its services business, the division has 30,000 employees worldwide, of which 12,000 are based in Germany. Process
Liberian Registry Strengthens Asia Team
overseeing vessel mortgage and corporate registrations for the Liberian Registry’s fast- growing number of South-East Asian clients. Chiang graduated with a Bachelor of Science degree in Business Administration and has previous experience with working in the financial industry with both HSBC and Barclays Capital. The Liberian Registry’s Greater China team has been bolstered by the additions of Pao Chi Hsu and Owen Fu as Technical Managers. Hsu, who holds a Master’s Degree in Ocean Engineering, has previously worked as a lead class surveyor in the Greater China region
Oil Above $55 on Weaker Dollar, Saudi Output
a barrel at 0933 GMT, after hitting a low of $54.12. U.S. WTI crude was down 40 cents at $46.17. Saudi oil minister Ali al Naimi also said the kingdom was now pumping around 10 million barrels per day (bpd), which could indicate an increase of 350,000 bpd over its February production. Analysts at Barclays forecast on Monday that if OPEC production held near current levels of near 30 million bpd, the market surplus would expand from 900,000 bpd to 1.3 million bpd. Oil prices have see-sawed, weighed down by concerns of oversupply but boosted by swings in the strength of U.S. dollar ahead of the
Wisconsin Energy to Buy Integrys
will be able to grow earnings at 5-7 percent per year, faster than either one of us is projecting on a standalone business," Klappa said. The transaction is subject to approvals from the Federal Energy Regulatory Commission, the Federal Communications Commission and some state commissions. Barclays is Wisconsin Energy's financial adviser, while Lazard is advising Integrys. (By Swetha Gopinath and Kanika Sikka, Reporting by Swetha Gopinath in Bangalore; Editing by Sriraj Kalluvila, Saumyadeb Chakrabarty and Ted Kerr)
Oil Majors Cut Staff in Iraq on Violence Fears
decade, but hopes that it will be able to achieve that are fading. "The bigger question than the immediate threat to production is Iraq's ability to meet the expectation to meet 60 percent of the world's oil demand growth needs," said Majid Jafar, chief executive at Crescent Petroleum. A Barclays research team noted that while oil firms have not yet seen a major impact on operations, oil service firms such as Baker Hughes and Schlumberger suspended work for a time last year after labour unrest. "Activity is stable, though this area does not appear to be outside the reach of the insurgents
